EX-99.1 7 exhibit99-1.htm ADDITIONAL EXHIBITS - STATEMENT OF COMPUTATION

EXHIBIT 99.1

Schedule of computation of ratio of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies for the five fiscal years ended February 3, 2007 and for the quarters ended May 26, 2007 and May 20, 2006.

  May 26, May 20, February 3, January 28, January 29, January 31, February 1,
  2007 2006 2007 2006 2005 2004 2003
  (16 weeks) (16 weeks) (53 weeks) (52 weeks) (52 weeks) (52 weeks) (52 weeks)
  (in millions of dollars)           
Earnings:                                                           
Earnings before tax expense     $  544   $  489   $  1,748   $  1,525   $  286     $  739   $       1,950  
Fixed charges    259     271     870     895     950     983     1,000  
Capitalized interest    (5 )   (4 )   (13 )   (7 )   (5 )   (5 )   (5 )
     Pre-tax earnings before fixed charges  $        798     $        756     $       2,605     $       2,413   $       1,231   $       1,717   $       2,945  
 
Fixed charges:                             
Interest  $  151   $  159   $  501   $  518   $  562   $  609   $  624  
Portion of rental payments deemed to be                             
   interest    108     112     370     377       388     374     376  
 
     Total fixed charges  $  259   $  271   $  871   $  895   $  950   $  983   $  1,000  
Ratio of earnings to fixed charges    3.1     2.8     3.0     2.7     1.3     1.7     2.9  

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